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Political Economy Arguments For A Uniform Tariff
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Book Synopsis Political-Economy Arguments for Uniform Tariff by : Arvind Panagariya
Download or read book Political-Economy Arguments for Uniform Tariff written by Arvind Panagariya and published by World Bank Publications. This book was released on 1991 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years uniform tariffs have become increasingly popular but economists have not formulated a rationale that demonstrates their superiority to alternative tariff structures. Do strong political economy arguments exist that favor uniform tariffs?
Book Synopsis Political-Economy Arguments for a Uniform Tariff by : Arvind Panagariya
Download or read book Political-Economy Arguments for a Uniform Tariff written by Arvind Panagariya and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uniform tariffs have become increasingly popular in recent years, yet their economic rationale is not strong. We identify and evaluate three sets of reasons as to why governments may prefer tariff uniformity as a means of alleviating political motives for excessive protection. First, a free-rider effect may be conducive to less lobbying under a uniform tariff regime than under a regime in which tariffs are allowed to differ. Second, an input-price effect may dampen the enthusiasm of final-goods producers for import protection. Third, a precommitment effect may increase the cost to a future government of protecting favored sectors. None of these arguments provides an unambiguous, airtight case for tariff uniformity. The decision on uniformity has to be made on a case-by-case basis.
Book Synopsis On the Design of Tariff Policy by : David G. Tarr
Download or read book On the Design of Tariff Policy written by David G. Tarr and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter examines the arguments for and against a uniform tariff structure. Arguments against uniformity are: terms of trade; 'strategic, ' infant or restructuring industry considerations, revenue or balance of payments purposes, and tariffs as a negotiating tool at the WTO. Arguments in favor of uniformity are: political economy considerations; administrative convenience; and reduction of smuggling and corruption in customs. The author maintain that tariff uniformity is the best choice in practice. A uniform tariff conveys a number of advantages, the most important of which is that if the tariff is uniform, the gains to industry lobbying are much smaller (and may be negative), creating a kind of free-rider problem for the lobbying industry and dramatically reduces the incentive to lobby for protection. Then: (1) the level of protection is likely to be lower (the recent experience of Chile is a dramatic case in point); (2) there is a direct saving of resources from the reduced lobbying; (3) the reduction to the gains from lobbying for protection provides a vastly improved signal to valuable entrepreneurial talent which will thus be encouraged to create better and cheaper products; and (4) the reduction in resources devoted to lobbying will result in less corruption in government, which may have positive spillover effects into other dimensions of government activity.
Book Synopsis The National System of Political Economy by : Friedrich List
Download or read book The National System of Political Economy written by Friedrich List and published by . This book was released on 1904 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Tariff written by George Crompton and published by New York : Macmillan Company. This book was released on 1927 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Political-economy arguments for a uniform tarif by : Arvind Panagariya
Download or read book Political-economy arguments for a uniform tarif written by Arvind Panagariya and published by . This book was released on 1991 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Political Economy of Trade Policy by : Robert C. Feenstra
Download or read book The Political Economy of Trade Policy written by Robert C. Feenstra and published by MIT Press. This book was released on 1996 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of papers by former students and colleagues celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati, who is the Arthur Lehman Professor of Economics at Columbia University, has made pathbreaking contributions to the theory of international trade and commercial policy, including immiserizing growth, domestic distortions, economic development, and political economy. His success and influence as a teacher and mentor is widely recognized among students at both MIT and Columbia, and as founder of the Journal of International Economics, he has encouraged research on many questions of theoretical and policy relevance. The political economy of trade policy, Bhagwati's most recent area of interest, is the theme of this collection which addresses salient topics including market distortions, income distribution, and the political process of policy-making. Sections and Contributors Market Distortions, T. N. Srinivasan. Paul A. Samuelson. Paul R. Krugman * Trade and Income Distribution, Douglas A. Irwin. Richard A. Brecher and Ehsan U. Choudri. Robert C. Feenstra and Gordon H. Hanson. Earl L. Grinols * Perspectives on Political Economy, Robert E. Baldwin. Peter Diamond * Models of Political Economy and Trade, Gene M. Grossman and Elhana Helpman. John Douglas Wilson. B. Peter Rosendorff. Arvind Panagariya and Ronald Findlay
Book Synopsis Political Economy and the Tariff Problem by : William James Ashley
Download or read book Political Economy and the Tariff Problem written by William James Ashley and published by . This book was released on 1905* with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Political Economy of Environmental Protectionism by : Achim Körber
Download or read book The Political Economy of Environmental Protectionism written by Achim Körber and published by Edward Elgar Publishing. This book was released on 2000 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Achim Korber carefully examines the influence of environmental policy on trade policy. He explores environmental protectionism and models it using public choice theory. The author focuses on: a theoretical analysis of ecological protectionism and the potential misuse of environmental regulation as a tool to gain competitive advantage a comprehensive case study on the tuna-dolphin cases of the GATT/WTO. The study reveals that the US legislation was not - as it was widely perceived - a victory for the environmentalists but for the billion dollar industry of the US tuna canneries an in-depth literature survey on various approaches to protectionism including an analysis of lobbying models including the contest-success function. P>The Political Economy of Environmental Protectionism, with its wealth of new material, will be of great interest to environmental, political, and trade economists as well as policymakers and researchers.
Book Synopsis Clashing Over Commerce by : Douglas A. Irwin
Download or read book Clashing Over Commerce written by Douglas A. Irwin and published by University of Chicago Press. This book was released on 2017-11-29 with total page 873 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs
Book Synopsis A Political-economy Analysis of Free Trade Areas and Customs Unions by : Arvind Panagariya
Download or read book A Political-economy Analysis of Free Trade Areas and Customs Unions written by Arvind Panagariya and published by World Bank Publications. This book was released on 1994 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: A customs union is more effective than a free trade area for diluting the power of interest groups.
Book Synopsis Elements of Political Economy; 3rd by : James 1773-1836 Mill
Download or read book Elements of Political Economy; 3rd written by James 1773-1836 Mill and published by Hassell Street Press. This book was released on 2021-09-09 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book India written by Arvind Panagariya and published by Oxford University Press. This book was released on 2008-03-03 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.
Book Synopsis Pricing Irrigation Water by : Yacov Tsur
Download or read book Pricing Irrigation Water written by Yacov Tsur and published by Routledge. This book was released on 2010-09-30 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: As globalization links economies, the value of a country's irrigation water becomes increasingly sensitive to competitive forces in world markets. Water policy at the national and regional levels will need to accommodate these forces or water is likely to become undervalued. The inefficient use of this resource will lessen a country's comparative advantage in world markets and slow its transition to higher incomes, particularly in rural households. While professionals widely agree on what constitutes sound water resource management, they have not yet reached a consensus on the best ways of implementing policies. Policymakers have considered pricing water - a debated intervention - in many variations. Setting the price 'right,' some say, may guide different types of users in efficient water use by sending a signal about the value of this resource. Aside from efficiency, itself an important policy objective, equity, accessibility, and implementation costs associated with the right pricing must be considered. Focusing on the examples of China, Mexico, Morocco, South Africa, and Turkey, Pricing Irrigation Water provides a clear methodology for studying farm-level demand for irrigation water. This book is the first to link the macroeconomics of policies affecting trade to the microeconomics of water demand for irrigation and, in the case of Morocco, to link these forces to the creation of a water user-rights market. This type of market reform, the contributors argue, will result in growing economic benefits to both rural and urban households.
Book Synopsis Dimensions of Tax Design by : James A. Mirrlees
Download or read book Dimensions of Tax Design written by James A. Mirrlees and published by Oxford University Press. This book was released on 2010-04-29 with total page 1360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Review was chaired by Nobel Laureate Professor Sir James Mirrlees of the University of Cambridge and the Chinese University of Hong Kong. --
Book Synopsis Economic Policy Reform by : Anne O. Krueger
Download or read book Economic Policy Reform written by Anne O. Krueger and published by University of Chicago Press. This book was released on 2000 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Anne O. Krueger has assembled and deftly summarized an excellent set of papers on the major issues in economic reform in developing countries at the turn of the century."--Stanley Fischer, International Monetary Fund The papers and commentary collected in this volume discuss vital contemporary thinking on economic policy reform--in particular, the difficulties that leave so much of the world mired in poverty. Distinguished contributors address issues ranging from education and privatization to exchange rates and telecommunications reform, providing an excellent overview of the current situation and the possible paths into the future.
Book Synopsis Post-Uruguay Round Tariff Regimes Achievements and Outlook by : OECD
Download or read book Post-Uruguay Round Tariff Regimes Achievements and Outlook written by OECD and published by OECD Publishing. This book was released on 1999-10-27 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides trade negotiators with an indispensable tool that will help them formulate their negotiating objectives and strategies in the area of tariffs; it also provides policy analysts with key data that are necessary to define negotiating scenarios and to impute the impacts.
